Marketplace Lending News Roundup – April 18, 2015

During the week I share the latest marketplace lending news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here.

At LendIt this week there was well over 50 announcements so there is no shortage of news. And there was also some great write-ups on some of these announcements. Below are some of the more interesting news coverage of the week.

Funds rush to pour money into online lending from CNBC – Ari Levy on the growth of the marketplace lending space: “If you need evidence that online lending is exploding, look at the crowd at this year’s Lendit conference”.

Comments

I’ve read many of your articles and posts and appreciate the info. I don’t know if this is the appropriate forum for my question, apologies if not.

I am new to LendingClub and live in a state (NC) where I can only invest in the secondary market. I’ve noticed several complaints about the interface / GUI on the secondary platform. My question is, is it really that bad? Maybe it’s the fact that in my career I’ve seen much, much worse tools, but I don’t seem to have issues navigating down to a manageable number of loans for my consideration using the filters.

Has it changed for the better since many of these complaints? Or, is there something that really irks users of the secondary platform that I’m just glossing over?

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Lend Academy has been bringing you all the news and information about peer to peer lending since 2010. Founded by Peter Renton, Lend Academy not only has the most active news site, but also the largest online forum and the first and most popular podcast in the industry.

The Lend Academy team loves peer to peer lending and our staff have all invested their own personal money in one or more of the platforms. Lend Academy Media is part of Cardinal Rose Group which also owns LendIt, the leading industry conference, and has a majority interest in NSR Invest.